ANNUALREPORT

— 2013 —

Pulaski CountyCommunity

Foundation, Inc.

The Pulaski County Community Foundation encourages the growth of endowed funds to serve and enrich our community today and tomorrow.

The Board of Directors updated the Community Foundation’s mission statement this year, summarizing what PCCF does and for whom. How well are we accomplishing this mission?

…encourages growth - Total assets grew nearly 10% over 2012, topping $7.8 million by year-end. This was the result of conservative investment strategies combined with a renewed market, careful stewardship, community support, and an operating budget that has not increased in 5 years.

…endowed funds - Foundation funds now total nearly 100. While PCCF may accept temporary funds, 90% are permanently endowed. Such funds are the key for future benefit.

…to serve and enrich our community - With our intended long term investment return being met, the Board approved an increased payout percentage in the fall. This translated into an additional $96,000 in distributions over 2012.

…today and tomorrow – Endowed funds make distributions each year for local charitable purposes. 25, 50, and 100 years from now they will provide continued and greater support. Finally, many children have recently become “fans of philanthropy,” and their understanding is growing through youth grants, service projects, and scholarship awards.These youth are the leaders of tomorrow.

Thank you to everyone who has helped carry out this mission for our community! Wendy G. Rose Executive Director

For Today and Tomorrow

Paul Baker loved and served his community throughout his life. He was an educator, farmer, civic leader, mentor and encourager. Members of numerous community service programs and church organizations will recall his always willing and enthusiastic attitude.

After Paul lost his battle with cancer in 2011, wife Sue found a way to honor his memory, preserve his legacy, and benefit the community he loved all at the same time.

The Paul Baker Memorial Scholarship will assist Winamac graduates majoring in science or education and will be renewable throughout the recipient’s college years, making a lasting impact on the student’s future. The middle school science teacher, principal of three Winamac schools, and Caston superintendent will continue to support and educate others forever.

New FundsPulaski County’s first-ever Animal Center was officially created in 2013 with a group of passionate volunteers. Following much discussion, research, and planning, the group formalized with the creation of a board of directors, name and logo, and filing for charitable non-profit status.

Hard-working helpers walked in parades, held fundraisers, and were featured on TV and in news releases and social media to help spread the word.

The Community Foundation assumed a fiscal sponsorship role for the group and established the Pulaski Animal Center Start-Up Fund. This non-permanent fund accepts tax-deductible donations that will benefit the development of a local facility for abandoned and stray animals.

Youth Philanthropy

23 elementary students took part in a “Fans of Philanthropy Club” camp with the guidance of PCCF staff and volunteers. The after-school camp included stories, crafts, and activities to help children learn what philanthropy means and how they can take part. The week-long camp concluded with the completion of a project to help others. Students assembled and wrapped boxes of birthday party supplies for families in need.

Students learned that volunteering is one way to be a philanthropist.

West Central Fans of Philanthropy express excitement about Camp!

Eastern Pulaski Fans proudly display club t-shirts and birthday boxes.

Youth Grants

Boy Scout Troop 229 - Scouts Shawn DePoy and Jacob Conner with Scoutmaster Steve McKinney

Project: Atlanta 2014 Long Trip

Jenna Bolen and Brieann Durham represented the Francesville-Salem Township Public Library.

Project: Library Video Club

Venture Crew #2229 members Jacob Conner, Emily and Anna Downing, with supervisor Daniel Murphy

Project: Yellowstone Adventure

Winamac Middle School club members Emma Eldridge and Emily Kestle with supervisor Ryan Dickinson.

Project: Warrior-Up Club

Youth grants were made available for the second year in a row, thanks to the Good Oil/BP Youth Philanthropy Fund.Any youth organization or civic group providing services in the county was eligible to apply for a grant of up to $500. After submitting applications and making presentations, four groups were selected as grant winners

The purpose of the youth grant program is to familiarize local youth with the concept and benefits of philanthropy and increase awareness of its important role in our community.

2013 Scholarships

Scholarship recipients were invited to participate in a “Grads in Action” service project in June at the Tippecanoe River State Park, followed by a recognition picnic with their families and PCCF members.

Ernest David Armstrong III Memorial Scholarship

continuing support forAlexis Craft

Back Home Again

In Indiana Scholarship Olivia Taff

Alberta J. BarnhouseMemorial Scholarship

Julia Foster

Linda Keys BraunMemorial Scholarship

August Hatter

Katherine L. BrownScholarship and

Achievement AwardKathleen Budd

Andrew Brandon

Marshal and Lola Carper Scholarship

Heather DeLorenzoEvan Rose

Garry D. ColgroveMemorial Scholarship

Heidi Hendryx

Conn Family ScholarshipKathleen Budd

Andrew Brandon

Jim DobsonMemorial Scholarship

John Bryce Shidler

John M. and Marjean Fritz Memorial Scholarship

Adam Sommers

Galbreath ScholarshipJohn Bryce Shidlercontinuing support for

Brianna KrauseJayme Fritz

Alexandra (“Ali”) Gibson Memorial Scholarship

Julia Foster

Giving Back ScholarshipEmerald Blankenship

William O. (Billy) Goble Memorial ScholarshipHeather DeLorenzo

Good Oil/BPHealthcare Scholarship

Jessica Schramm

Agnes Hartman ScholarshipTeddi Rausch

Ralph E. and Sarah M. HornerScholarship AwardKassidy LoehmerAdam Sommers

Everett and Ethel Knebel Scholarship

Kohl Hoovercontinuing support for Katelyn Bierrum

Marc Heater

Roland and Nancy Lowry Memorial Scholarship

Katlynn Rushing

Francis andGertrude Rausch

Agricultural Scholarship continuing support for

Andrew Malott

Judge Jack RichertMemorial Scholarship

Adam Sommers

Earl D. Roudebush Memorial Scholarship

Zachary Shidler

David PuttWest Central High School

The Lilly Endowment Community Scholarship Program provides four years of tuition and required fees for study at an accredited Indiana public or private college or university.

LILLYENDOWMENT COMMUNITYSCHOLARSHIP

Grads worked with State Park staff to update displays for the Nature Center.

Albert Lee WeaverMemorial ScholarshipDanielle Schmicker

Winamac Rotary Club Scholarship

Emerald Blankenship

Ralph E. Winters Scholarship Trent BeckerJoseph Krsek

continuing support for Isaac Berg

Sarah DrangLyndsey Wagers

15 Years of Lilly Scholars15 years of the Pulaski County Lilly Endowment Community Scholarship program was celebrated in 2013. All recipients and their families were invited to the June picnic, and many contributed photos for a special video featuring updates on Pulaski County’s Community Scholars. View the “15 Years” video on PCCF’s website!

INDIANA LILLY SCHOLARS

SINCE 1998 3,771 scholarships awarded

44 private and public campuses (60/40 split)

59% women

41% men

96% retention rate

$288,844,000 TOTAL COST

Benefits = PRICELESS!

PULASKI COUNTY LILLY SCHOLARS

SINCE 1998 13 from West Central

13 from Winamac

3 from North Judson

2 from Culver

1 from Indiana Academy

32 TOTAL SCHOLARS

Thank You Lilly Endowment!

Farmers Breakfast15 Years of Lilly ScholarsThe second annual Farmers Breakfast hosted by the Community Foundation brought the return of Dr. Chris Hurt, agricultural economist from Purdue University. His presentation addressed the question, “Will the U.S. Agricultural Prosperity Continue?”

Over 50 farmers came out for the early morning breakfast at the 4-H Fairgrounds.

The breakfast and program is made possible through partnership with the local Purdue Extension and area agri-business support.

Dr. Chris Hurt was introduced by Chad Rushing, Purdue County Extension Agent.

Good food, conversation, and information were enjoyed by all.

Sue Peppers, CPA, also spoke about the impact of new tax laws on basis vs. market value for farmers.

Representatives of 9 organizations described their grant projects at the annual celebration.

The Community Foundation offered $25,000 from its unrestricted resources for community grants in the fall. Grants were awarded for projects supporting the arts and community development to education, health, and social services.

GRANTEES AND PROJECTS• Arts for Learning -

$3,870 EPES Mural Project• Francesville-Salem Township Volunteer Fire Dept. -

$3,568 Fired Up for a Big Chiller• Friends of the Panhandle Pathway -

$827 Trimmers for the Trail• Junior Achievement serving Pulaski County -

$2,727 Economics for Success Program• Medaryville/White Post Township Vol. Fire Dept. -

$5,000 New Turnout Gear• Pulaski County Family YMCA -

$1,199 Emergency Medical Equipment• Pulaski County Historical Society -

$2,000 Opera House Ceiling Project• Pulaski County Human Services -

$2,000 PCHS Building Security• Star City United Methodist Church -

$2,000 Make a Joyful Noise

2013 Community Grants

Results of a 2012 grant: Kingdom Kids Preschool/Daycare volunteers installed a clean, safe playground surface for toddlers.

Foundation Funds

DESIGNATED FUNDS($133,143)

Distributions are directed to specificcharitable agencies or projects.

Birthright of Rensselaer Endowment Fund

Donald and Thelma Crise Fund

Emil Smolek Endowment Fund

Fellowship Baptist Church of Winamac Endowment Fund

First Christian Church of Winamac Endowment Fund First United Methodist Church of Winamac, Indiana Fund

Friends of the Panhandle Pathway Endowment

Gateway Woods Fund

Holy Family Foundation Fund James A. Freeman Memorial Christmas Fund Marjorie Prendergast Keller and Clement V. Keller, Sr. 4-H Fund Mary Powers Extension Education Fund

Monterey Community Fund PCCF Operating Fund Pulaski Alliance for Community Education Endowment Pulaski County4-H Council Fund

Pulaski County Library Fund Pulaski County Community Health and Wellness Fund

Rhonda Jean Galbreath Memorial Fund Roland Leslin Charitable and Religious Trust Fund

St. James SalemUnited Church of Christ

St. Paul Lutheran Church Fund

Star City Community Fund

Star City United Methodist Church Endowment Fund

Stout Humane Society Fund

The Galbreath Fund West Central SchoolEducation Foundation Fund Wilson Family Fund

Winamac Kiwanis Fund Winamac Park Fund Women of Pulaski County Endowment Fund

FIELD OF INTEREST FUNDS ($3.460)

Distributions support aparticular broad field.

Richard W. ThompsonFamily Fund

Sherald and Verla Bonnell Family Educational Fund

Wildlife Conservation and Education of Pulaski County

The Foundation administers 96 funds, most of which are endowed and provide annual distributions to support charitable causes. New funds are listed in color.

Foundation Funds New funds are listed in color.

AGENCY FUNDS($18,877)

Distributions provide a source ofincome for nonprofit agencies.

Arrow Head Country RC&D

Guidance Nursery School

Harold J. RighterMemorial Fund

Junior AchievementServing Pulaski County

Pulaski CountyChamber of Commerce

Pulaski County Fund for Persons with Developmental Disabilities Pulaski Health FoundationResident Activities Support Fund

Winamac Church of the Nazarene Endowment Fund

Winamac Tree Committee

UNRESTRICTED FUNDS($27,091)

Distributions are directed to ever-changing community needs.

Bess A. Russell Fund Fred C. Russell Memorial Fund James A. EhlersUnrestricted Fund

PCCF Directors Fund

Pulaski County General Unrestricted Fund

LIFE INCOME FUNDS

Donors receive income for life with the remainder for charitable purposes.

Kenneth and Phyllis Gardner Charitable Gift Annuity

ADVISED FUNDS($4,955)

Allows ongoing donor inputfor grant distributions.

Bonnell Family Golf Fund

Celebrate the Students of Winamac/Eastern Pulaski Schools Fund

Harvey R. Gutwein Family Fund

Michael and Sherry O’Connor Family Fund

Rose Family Fund

Snowball GolfEndowment Fund The Eclectic Fund

William R. and Patricia J. Roth “We Care” Fund

NON-PERMANENT(PASS-THROUGH) FUNDS

($48,120)PCCF services include administration of different types of nonpermanent funds.

Friends of thePanhandle Pathway Garry D. Colgrove Memorial Scholarship

Good Oil/BP Healthcare Scholarship

Good Oil/BP Youth Philanthropy Fund

Good Oil Company

O & D Fund

Pack-a-Backpack

Pulaski Animal Center Start-Up Fund

Pulaski County Care Fund Women of Pulaski County

SCHOLARSHIP FUNDS($45,247)

Distributions for studentspursuing higher education.

Agnes Hartman Scholarship

Albert Lee WeaverMemorial Scholarship

Alberta J. Barnhouse Memorial Teacher Scholarship

Alexandra (“Ali”) Gibson Memorial Scholarship

Back Home Againin Indiana Scholarship

Bob GobleMemorial Scholarship

Brian Douglas ConnMemorial Music Scholarship

Conn Family Scholarship

Earl D. Roudebush Memorial Scholarship

Ernest David Armstrong III Memorial Scholarship

Everett and Ethel Knebel Scholarship

Francis and Gertrude Rausch Agricultural Scholarship

Franklin and Evelyn Fechner Scholarship

Galbreath Scholarship

Gary M. Schnapf4-H Memorial Scholarship

Giving Back Scholarship

Jim DobsonMemorial Scholarship

John M. and Marjean FritzMemorial Scholarship

Judge Jack RichertMemorial Scholarship

K. Stuart Gast Scholarship

Katherine L. Brown Scholarship

Linda L. Keys BraunMemorial Scholarship

Marshall and Lola Carper Scholarship

Paul BakerMemorial Scholarship

Ralph E. and Sarah M. Horner Scholarship

Ralph E. Winters Scholarship

Roland and Nancy Lowry Memorial Scholarship

Thomas E. and Ola M. Carneal Scholarship

William O. (Billy) Goble Memorial Scholarship

Winamac Rotary Club Scholarship

Past and present PCCF directors enjoyed a summer reunion.

The Community Foundation recognizes the following individual and corporate donors who made generous gifts in 2013.

2013 Contributors

1st Source BankTim and Sue AlexanderAlliance BankRex AllmanArrow Head Country RC&DBerdene AzbellBetty BarnesAgnes BarnhouseLarry and Bev BarnhouseMichael and Kaye BeallBarbara BeelerDave and Patsy BennettBill Dobson FordJudy BlairBonnell Grain HandlingWayne and Marylou BonnellBP Products North AmericaBraun CorporationRonald and Patricia BucksMichael CapouchGayle ConnerCommunity State BankCrop Fertility SpecialistsRandy and Lorrie CroseBrad and Judi ConnRichard ConnDon and Eula Cotner

Darlene DailyDon and Lynn DardaSeth DaughertyPerry and Katie DeGrootNathan and Melissa DennisSue DetamoreDan and Virginia DolezalNeil and Angela DouglassTimothy and Lee Ann EizingerRoger and Neva FieldsAllen and Mary Ann FinkeMartin and Mary FinleyFirst National Bank of MontereyEd and Loree FisherFrain MortuaryCathy Fritz ConsultingScott and Karen FritzFranklin and Delores FurrDon and Delores GalbreathKenneth and Phyllis GardnerPaul and Brenda GilsingerGilsinger ImplementGood Oil CompanyGood Samaritan Ladies

of CharityLeslie Wineland GossBarbara Greenwell

Marita Grisel, CPAHarvey and Ellen GutweinTom and Barbara HalleckRobert HansenHarrison-Metzger & Rans

Funeral HomeRon and Joyce HeaterKelly HeckamanJim and Julie HanusMaxine HouserSteve HintzIndependent Colleges

of IndianaISIS TheaterJeff’s Tire & Alignment ServiceJim Dobson FordKarla JohnsonSusan Jordan JP LawncareKeller Advisory GroupJim and E. Anne KetchenGreg and Jackie KiserBill KisteJohn and Barbara KleinofenRobert and Lynne KlitzmanCharles and Barbara KnarrDonald Knebel

Dan KohlmeyerRon and Janet Kruger FamilyGerald and Susan LambertJames and Ann LeboBrian and MacKenzie LedleyKevin and Sherry LippeltRoland LowrySam and Carol MarksWilliam and Joyce MathysCharles and Joyce McKinleyDan and Anna McKinleyDoug and Sharon McKinleyDarlene MellonDarrell and Cynthia MillerNorma Jean MillerSteve and Paula MillerMike and Michelle MillsBill and Eve MockMonsanto FundDaniel P. MurphyTim MurrayRichard and Judith MynarkBlake and Veronica NewmanMarilyn NewmanNewman FarmsMonica O’ConnorDonald and Teresa Ortman

Mary OrtmanBetty ParcelPatchwork Pals of 76Lori PavyJoseph and Terry PesaresiTerry PhlegerPizza HutPlymouth Tube -Winamac SitePhil and Darla PowlenOtto and Amy PradoDavid and Heather PughPulaski Alliance

for Community EducationPulaski County AbstractPulaski Memorial HospitalPulaski Memorial Hospital

Medical StaffBrad and Jane PurcellSteve and Barb Rausch

Tonia ReidCeleste RichertBarbara RichertJames RichertJohn and Angela RichertHarry and Dorothy RichterMary RickeyPaul RickeyJeff and Brenda RobertsChuck and Wendy RoseWilliam and Patricia RothScott and Mashell RoudebushJake and Jenna RuffJeff and Beth RuffOtto and Donna RuffSanders IGADeborah SchnapfSteven and Jodie SchnapfJane Schneider

Kent and Mary SchultzSusan SchultzSECCRobert and Cathy SheppardRobert SimpsonMr. and Mrs. Richard SimsSteve and Pam SlavishMr. and Mrs. William SmithCarl and Eileen SommersRichard and Madeline SommersSons of American Legion

Post #399William and Lou Ann SpryStar City Lions ClubLarry and Janet StoutDon and Meleita StreetT160, LLCThe Budd Insurance AgencyKathleen Thompson

S.C. TobeyMike and Melissa WeaverPaul and Pamela WeberBill and Linda WebbWebb PrintingMary WelkerGlen WhiteWhite County United WayKevin WhitemanMichael and Brenda WieseDoug and Kathy WilsonWinamac High School

Faculty WelfareWinamac Moose LodgeCraig WintersJanet WintersRalph and Barbara WintersOtto and Donna Wuethrich

THANK YOU to all of our donors. Your gift is your community’s gain!

LEGACY SOCIETYThe Legacy Society is a groupof generous donors whosecommitment to their community lasts forever in the form of a planned gift to the Community Foundation. Individuals who havenotified PCCF of their future gifts are:

Richard ConnDon and Delores GalbreathKenneth and Phyllis GardnerJoe and Cynthia GarnettK. Stuart Gast*Rachel Thompson Gast*Agnes Hartman*Emil Smolek

*deceased

John “Ted” Anton, Jr.Floyd BarnhouseMike BlinnRalph BraunRose BrinkmanBruce BurnsRoger ButlerFrances CallahanBarbara Jean ClarkForest ConnTom DavisSharon DentonCatherine DickeyGeorge DunkerPhyllis FoergNancy FoxRichard FrankoMarcella GoodJames Robert “JB” Graham

Mary GutweinMary Helen KimmerlingOlive Lawson“Wilson” MarksDarwin “Doc” ParcelGerald PolstraDanny ReedyOrville RifeJohn J. RussellDonald SchnapfWarren ShortAlberta StrawEmaline Grace WamplerCindy WhetstoneEarl WhiteRachel White-HeishmanLinda WilliamsRich Wuethrich

Tributes: Memorials, Honorariums and Planned Gifts

IN HONOR OF…IN MEMORY OF…

Marge ConnDr. Robert KlitzmanJon Paul DiltsMatthew GarbisonRobert HansenFred and Ann ShidlerMaryalice (Molly)

Dilts SusnjaraAllen WintersBarbara WintersRalph Winters FamilyBill Kiste

Making a gift in memory of someone or in honor of a special occasion is a thoughtful and meaningful way to show friends and family how much you care. In 2013, gifts were made in memory or honor of the following:

Financial Highlights

BALANCE SHEET

Pulaski County Community FoundationDecember 31, 2013

Assets Cash $7,253,430 Investments 7,633,651 Total Investments 7,887,081 Other Assets 1,610 Total Assets $7,888,691

Liabilities and Net Assets Liabilities $7,575,239 Net Assets Unrestricted Net Assets 1,578,404 Temporarily Restricted net Assets 1,418,851 Permanently Restricted Net Assets 4,316,197 Total Net Assets 7,313,452

Total Liabilities and Net Assets $7,888,691

INCOME STATEMENT

Pulaski County Community Foundation, Inc.December 31, 2013

Support and Revenue

Contributions $1,149,874 Investment Income 983,783 Other Income 85,318 Total Support and Revenue $1,218,975

Expenses Grants and Scholarships $1,,250,280 Program Expenses 32,729 Supporting Services 191,337 Total Expenses $1,474,346 Increase in Net Assets $1,744,629

Net Assets at Beginning of Year 6,568,823 Net Assets at End of Year $7,313,452

Audited financial statements are available upon request and on our website at www.pulaskiccf.org.

Growth and Grants

$5.09

$6.03

$6.49 $6.50

$7.11

$7.89

$0

$1

$2

$3

$4

$5

$6

$7

$8

$9

2008 2009 2010 2011 2012 2013

TOTAL ASSET GROWTH(In Millions)

2013 GRANT SUMMARY

18%SCHOLARSHIPS

28%COMMUNITY DEVELOPMENT

22%EDUCATION16%

HEALTH/HUMANSERVICES

10%YOUTH/RECREATION

6%ARTS &

CULTURE

Foundation Leaders and Support

Lori BrummRobert Conn

Katie DeGrootJulie Hanus

Tony HollidayJim Ketchen

Darlene MellonDon Street

Mary Welker

COMMUNITY VOLUNTEERS

Rita CarpenterJon ChapmanDaniel DolezalMary Sue LinkGregg Malott

Daniel MurphyJeff Ruff

STAFF

Wendy RoseExecutive Director

Kim KrauseAdministrative

and Scholarships

Robert SimpsonPresident

Beth RuffVice President

Patricia RothSecretary

Ron KrugerTreasurer

UNDERWRITING SUPPORTPROVIDED BY

2013 BOARD OF DIRECTORS

US POSTAGEPAID

NONPROFIT ORGID#0773896

PERMIT #406WINAMAC IN 46996

127 E Pearl St. | PO Box 407 | Winamac, IN 46996574.946.0906 | pccf@pulaskiccf.org

www.pulaskiccf.org

Confirmed in compliance withNational Standards for U.S. Community Foundations.

ADDRESS SERVICE REQUESTED